Legal Opinion

W. P. Converse & Co. v. Sorley

Texas Supreme Court

Decided July 1, 1873PublishedCited by 7 opinions

Error from Crimes.- Tried below before the Hon. James B. Burnett. On the second of September, A. D. 1863, Boulds Baker sold to James E, Williams the land mentioned in the pleadings, for the sum of fourteen thousand nine hundred dollars; of this, six thousand five hundred dollars was paid in sheep, and for the balance two notes were executed by Williams to Baker, each for the sum of four thousand dollars, the first note maturing January 1,1864, and the second maturing January…

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Error from Crimes.- Tried below before the Hon. James B. Burnett. On the second of September, A. D. 1863, Boulds Baker sold to James E, Williams the land mentioned in the pleadings, for the sum of fourteen thousand nine hundred dollars; of this, six thousand five hundred dollars was paid in sheep, and for the balance two notes were executed by Williams to Baker, each for the sum of four thousand dollars, the first note maturing January 1,1864, and the second maturing January 1, 1865, both bearing ten per cent, per annum interest from date, and both holding a lien on the land sold. On the…

1Opinion of the CourtOgden, P. J.

We think that the objection raised to the rights of Converse & Co. in the note sued on not well taken, since a tona fide and legal transfer to them in part payment and satisfaction of a just and subsisting debt, or as a collateral security for said debt, made by Crawford before any act of bankruptcy by him, would vest in the transferree all the rights which Crawford might have had in and to the instrument so transferred—regardless of the fact that he might subsequently have become a bankrupt. As no question is raised in regard to the time of the transfer from Crawford to Converse & Co., it is…

2Cases cited15 opinions

  1. Robertson v. PaulTexas Supreme Court · 1856
  2. Dunlap's Adm'r v. WrightTexas Supreme Court · 1854
  3. Boggess v. LillyTexas Supreme Court · 1856
  4. Crosby v. McWillieTexas Supreme Court · 1853
  5. Cunningham v. TaylorTexas Supreme Court · 1857

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3Cited by7 opinions

  1. Conrad v. JudsonCourt of Appeals of Texas · 1971
  2. Scott v. TaylorCourt of Appeals of Texas · 1927
  3. First Nat. Bank of Bowie v. ConeCourt of Appeals of Texas · 1943
  4. Trammell v. BlackburnTexas Supreme Court · 1927
  5. Anderson v. OdenCourt of Appeals of Texas · 1989

2 more not listed; retrieve them via the Exa API.

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